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Waynevings Bancshares (Waynevings Bancshares) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Waynevings Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Waynevings Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $52.97 Mil. Waynevings Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $809.95 Mil. Therefore, Waynevings Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

The historical rank and industry rank for Waynevings Bancshares's Equity-to-Asset or its related term are showing as below:

WAYN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.1
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Waynevings Bancshares was 0.10. The lowest was 0.06. And the median was 0.09.

WAYN's Equity-to-Asset is ranked worse than
72.94% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs WAYN: 0.07

Waynevings Bancshares Equity-to-Asset Historical Data

The historical data trend for Waynevings Bancshares's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waynevings Bancshares Equity-to-Asset Chart

Waynevings Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.08 0.06 0.07

Waynevings Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.07

Competitive Comparison of Waynevings Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, Waynevings Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waynevings Bancshares's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Waynevings Bancshares's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Waynevings Bancshares's Equity-to-Asset falls into.



Waynevings Bancshares Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Waynevings Bancshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=52.967/809.947
=0.07

Waynevings Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=52.967/809.947
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Waynevings Bancshares  (OTCPK:WAYN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Waynevings Bancshares Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Waynevings Bancshares's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Waynevings Bancshares (Waynevings Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
151 North Market Street, Wooster, OH, USA, 44691
Wayne Savings Bancshares Inc a bank holding company. It offers services such as checking accounts, savings, business loans, online banking, mobile banking, and overdraft protection among others. The bank generates its revenue in the form of interest income.
Executives
Joel Dale Beckler officer: SVP, Senior Loan Officer 3058 BAYBERRY COVE, WOOSTER OH 44691
Brian Hopkins director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
James R Vansickle director, officer: President and CEO 112 WEST MARKET STREET, PO BOX 57, ORRVILLE OH 44667
Glenn W Miller director 151 N MARKET ST, WOOSTER OH 44691
David L Lehman director 151 N MARKET ST, WOOSTER OH 44691
Myron L Swartzentruber officer: Senior Vice Preisdent/CFO C/O WAYNE SAVINGS BANCSHARES, INC., 151 N. MARKET ST., WOOSTER OH 44691
Debra A Marthey director 151 N MARKET ST, WOOSTER OH 44691
Jonathan Ciccotelli director C/O WAYNE SAVINGS BANCSHARES, INC., 151 N. MARKET ST., WOOSTER OH 44691
Rod C Steiger director
Daniel R Buehler director WAYNE SAVINGS BANCSHARES INC, 151 NORTH MARKET STREET, WOOSTER OH 44691
Steven G Dimos officer: EVP/Chief Operations Officer C/O WAYNE SAVINGS COMMUNITY BANK, 151 NORTH MARKET STREET, WOOSTER OH 44691
Peggy J Schmitz director WAYNE SAVINGS COMMUNITY BANK, 151 N MARKET STREET, WOOSTER OH 44691
Bryan K Fehr officer: See footnote (1) 151 N MARKET STREET, WOOSTER OH 44691
Fitz Gibbon H Stewart Iii officer: See footnote (1) WAYNE SAVINGS BANCSHARES, 151 N. MARKET STREET, WOOSTER OH 44691
Phillip E Becker officer: EVP/CHIEF LENDING OFFICER WAYNE SAVINGS BANCSHARES INC, 151 N. MARKET STREET, WOOSTER OH 44691